<div id="readability-page-1"><p>Oppenheimer Holdings, Inc. (NYSE:OPY - Get Free Report) saw strong trading volume on Monday following a dividend announcement from the company. 51,888 shares changed hands during mid-day trading, an increase of 41% from the previous session's volume of 36,907 shares.The stock last traded at $74.2350 and had previously closed at $72.57.The newly announced dividend which will be paid on Friday, January 9th. Stockholders of record on Friday, December 26th will be issued a dividend of $1.00 per share. The ex-dividend date is Friday, December 26th. Oppenheimer's payout ratio is currently 9.66%.</p><h2>Wall Street Analyst Weigh In</h2><ul><li>Lowe's levels up: A blueprint for tomorrow's home improvement</li></ul><p>A number of equities analysts have recently commented on the company. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Oppenheimer in a research note on Wednesday, October 8th. Wall Street Zen downgraded Oppenheimer from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, November 8th. One investment analyst  has rated the stock with a Buy rating,  Based on data from MarketBeat.com, the company  has an average rating of &#34;Buy&#34;.</p><p><b>Read Our Latest Stock Report on OPY</b></p><h2>Oppenheimer Trading Up 1.2%</h2><ul><li>3 gym stocks to cash in on dieters’ New Year's resolutions </li></ul><p>The company has a fifty day moving average price of $68.40 and a two-hundred day moving average price of $69.59. The company has a market cap of $778.22 million, a price-to-earnings ratio of 9.94 and a beta of 1.19. </p><p>Oppenheimer (NYSE:OPY - Get Free Report) last announced its quarterly earnings results on Friday, October 31st. The financial services provider reported $1.90 earnings per share (EPS) for the quarter. Oppenheimer had a net margin of 5.50% and a return on equity of 9.58%. The firm had revenue of $401.94 million for the quarter. </p><h2>Institutional Inflows and Outflows</h2><ul><li>Can ChatGPT AI Revitalize Microsoft's Bing Search Engine?</li></ul><p>Institutional investors and hedge funds have recently modified their holdings of the business. Boston Partners increased its stake in shares of  Oppenheimer by 457.7% in the 1st quarter. Boston Partners now owns 71,568 shares of the financial services provider's stock valued at $4,268,000 after acquiring an additional 58,735 shares during the last quarter.  American Century Companies Inc. grew its holdings in shares of  Oppenheimer by 17.3% in the 3rd quarter. American Century Companies Inc. now owns 299,211 shares of the financial services provider's stock valued at $22,115,000 after buying an additional 44,145 shares during the period.  Invesco Ltd. increased its position in shares of  Oppenheimer by 864.7% in the 1st quarter. Invesco Ltd. now owns 41,596 shares of the financial services provider's stock valued at $2,480,000 after buying an additional 37,284 shares in the last quarter.  Marshall Wace LLP bought a new stake in shares of  Oppenheimer in the second quarter worth about $2,016,000.  Finally, Algert Global LLC lifted its holdings in shares of  Oppenheimer by 726.5% during the 3rd quarter. Algert Global LLC now owns 33,779 shares of the financial services provider's stock valued at $2,497,000 after purchasing an additional 29,692 shares in the last quarter. 32.26% of the stock is owned by institutional investors and hedge funds. </p><h2>Oppenheimer Company Profile</h2> (Get Free Report)<p>Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.</p><h2>See Also</h2><ul><li>Five stocks we like better than Oppenheimer</li><li>How to Calculate Inflation Rate</li><li>3 Companies Turning Big Cash Flow Into Bigger Shareholder Gains</li><li>Find and Profitably Trade Stocks at 52-Week Lows</li><li>GOOGL's Unstoppable Momentum Drives Price Targets to Record Highs</li><li>Industrial Products Stocks Investing </li><li>3 Underrated Robotics Stocks Poised for Huge Gains</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Oppenheimer Right Now?</h2><p>Before you consider Oppenheimer, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oppenheimer wasn't on the list.</p><p>While Oppenheimer currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Oppenheimer Holdings (NYSE:OPY) saw a 41% increase in trading volume after announcing a $1.00 per share dividend, payable on January 9th. The stock last traded at $74.2350. Analysts have given the stock a Buy rating. Institutional investors have significantly increased their holdings. Oppenheimer reported $1.90 EPS for the last quarter with a net margin of 5.50% and a return on equity of 9.58%.</p>

Oppenheimer (NYSE:OPY) Sees Strong Trading Volume After Dividend Announcement